The Blockchain Revolution
Blockchain revolution. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended to solicit clients from any specific jurisdiction including the Republic of Mauritius inter alia.
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Marc Hochstein, editor-in-chief of American Banker, recognizes that five years ago, when writing about bitcoin’s advantages, he failed to realize bitcoin’s limited throughput would undermine the benefits of low costs and near-real-time settlement. Average transaction fees now exceed $2.50 with confirmations sometimes taking hours.

Enos Senior's insight:

"Bitcoin’s most important feature, however, is not its cost or speed of transactions, nor its account privacy or its exchange rate with the dollar. Bitcoin’s key feature is its censorship resistance, which addresses a real problem. Centralization can offer efficiencies, but it presents points of failure that are vulnerable to social or political pressure."